Giordano

Retail Asia09/03/2018

E-business last year was particularly strong for apparel retailer Giordano International. Overall, consolidated sales reached HK$5.4 billion, up 5.2 per cent. Group comparable-store sales and comparable-store gross profit rose by 5.2 and 5 per cent respectively. Consolidated gross margin edged up by 0.1 points to 59.5 per cent. Profit after income taxes attributable to shareholders […]

Retail Asia11/11/2017

Third-quarter sales for apparel retailer Giordano International have been edging ahead in most markets, an exception being South Korea, a 48.5 per cent JV with an independent management team. While e-commerce sales jumped by 17.6 per cent in Mainland China, overall sales growth reached only 2.6 per cent, with a decrease of 2.5 per cent […]

Retail Asia14/08/2017

In a turnaround from a 1.6 per cent drop in the first quarter, apparel retailer Giordano International recorded a 3.4 per cent rise in half-year group sales to HK$2.6 billion (US$334.8 million). Gross profit increased by 3.8 per cent and gross margin improved by 0.2 points. Comparable store gross profit (CSGP) rose by 6.6 per […]

Retail Asia14/03/2017

High-end international brands have long held court alongside local Hong Kong indie fashion designers – who are now enjoying greater visibility in the city’s vibrant retail market. The city’s deep-rooted love of luxury has seen names like Gucci and Hermes open multiple stores in the city – stores that have co-existed with a stable of […]

Retail Asia10/03/2016

Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country as a source market for product, while it continues to develop sourcing […]

Retail Asia16/12/2015

The new Qianhai Chow Tai Fook mall opened its doors in Shenzhen on Monday – selling Hong Kong sourced goods to mainlanders at prices said to be cheaper than in Hong Kong. Officially named the Qianhai Chow Tai Fook Global Goods Shopping Center, the 19,000 sqm mall is a joint venture between jeweller Chow Tai […]

Retail Asia20/11/2015

Giordano Hong Kong sales increased by four per cent in the last quarter, with same store sales up a staggering 12 per cent in a stagnant retail market. The company says with the decline in Mainland China visitors to Hong Kong and Macau, the company has repositioned its product range to focus on more basic […]

Retail Asia19/03/2015

Troubled fashion group Giordano knows it faces a challenge restoring its mojo. Last week Giordano reported falling sales in every single market globally – in the worst case, Australia, by 20 per cent year on year. Profit slumped 35 per cent. But the Hong Kong-based fast fashion business also outlined to frustrated shareholders how it […]

Tag: Giordano

E-business of Giordano International looks good

Giordano post a “quite okay” result

Giordano International recovers from early fall

Retail woes a boost for Hong Kong indie fashion

Two-pronged approach for Giordano Vietnam

Qianhai Chow Tai Fook mall opens in Shenzhen

Giordano Hong Kong sales rise in soft market

The Giordano restoration plan